Assistant Vice President – Marine - Senior Underwriting Specialist (Toronto / Vancouver)

Everest Insurance Company of Canada; Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

A leading insurance firm seeks a seasoned Underwriter specializing in Marine insurance to join their Toronto team. This pivotal role involves launching and managing the Marine department, ensuring profitable growth, and maintaining strong relationships with key brokers. Candidates should have at least ten years of underwriting experience, deep market knowledge, and excellent communication skills.

Qualifications

• Minimum ten (10) years of progressive commercial underwriting experience with a specialization in Marine insurance.
• Deep knowledge of the Canadian Marine market and established distribution relationships.
• Ability to work collaboratively with stakeholders across the Company.

Responsibilities

• Support the launch of the Canadian Marine department.
• Assist in expanding the Marine portfolio while maintaining underwriting profit.
• Develop growth strategies and coordinate underwriting between Canada and London.

Skills

Integrity

Strategic Thinking

Communication

Collaboration

Urgency

Job description

At Everest, we hold ourselves accountable to advance diversity, equity and inclusion in our people, our skills, and our ideas. We prioritize building a workforce that spans cultures, backgrounds, and experiences at every level. This is a priority we bring to life through the diverse representation of leaders and colleagues across Everest. We view this as a strength and believe that our work culture is enhanced when diverse groups of people come together.

In this newly created position, you will report to the Head of Energy, Construction, and Marine of Everest Insurance Company of Canada (‘EvCan’, ‘Company’) with an informal matrix to the Head of Marine – International in London. You will be a key member of EvCan’s specialty underwriting team. Alongside your peers, you will foster a culture of underwriting excellence, entrepreneurship, transparency, collaboration, and candor. You will support the launch of the Marine underwriting department in Canada and the execution of the department’s key objectives. You will be instrumental in maintaining excellent distribution and customer relationships, driving the profitable growth of EvCan’s Marine portfolio.

RESPONSIBILITIES :

Working with local leadership and global product leadership, supporting the launch the Canadian Marine department.

Assist in expanding the Marine portfolio in line with Company plans whilst maintaining a focus on bottom-line underwriting profit and delivery of Everest internal plans.

Assist in creating & expanding the current product range to allow Everest to compete with the market leaders in the sector.

Monitor and keep abreast of changes in underwriting, regulation, and compliance.

Underwrite and refer risks (as required) as appropriate that exceed prescribed underwriting authority.

Assist in developing a marketing plan whilst maintaining and expanding existing broker relationships, developing new relationships where this is consistent with the objectives of the business plan.

Liaise with the Claims Manager on claims related issues and participate in account and portfolio reviews.

Contribute to the regular analysis and review of underwriting practices and procedures.

ACCOUNTABILITIES :

Alongside local leadership and the Head of Marine – International, formulate and execute an underwriting strategy in the Canadian market.

Assist with the completion and review of underwriting guidelines and pricing models.

Assist in improving the Company’s management information systems, rating models, underwriting manuals, service standards, marketing materials, website, and risk management and claims functions as related to the Marine portfolio.

Participate in the underwriting peer review process.

Be responsible for distribution, business and product development / expansion related to the Marine portfolio.

Develop growth strategy for areas of responsibility and coordination of underwriting between Canada & London and other Everest offices as needed.

Underwrite in compliance with Everest prescribed underwriting standards.

SKILLS REQUIREMENTS AND QUALIFICATIONS :

A person that demonstrates high integrity and embodies the cultural values of Everest.

Minimum ten (10) years of progressive commercial underwriting experience with a specialization and expertise in Marine insurance. Technically strong with the ability to inspire confidence at client, leadership, and regulatory levels. Superior knowledge of underwriting and pricing concepts.

Deep knowledge of the Canadian Marine market. Established distribution relationships with key Marine brokers.

Ability to think strategically and translate thinking into tangible plans to drive the business and achieve objectives.

Deep understanding of the Marine portfolio through the insurance cycles.

Ability to work collaboratively with stakeholders across the Company and geographies, creating alignment and support behind department priorities.

Exceptional oral and written communication with the ability to effectively present key themes to distribution partners and senior leadership alike.

A bias for action with a high sense of urgency, strong work ethic, and drive for results.

Expected to travel to key markets across Canada and occasionally to US / London.

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Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickto learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work : Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function : Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type : Regular

Time Type : Full time

Primary Location :

Toronto - Insurance Canada

Additional Locations :

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